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VeriSign, RSA Defend Internet Technology

Technology commercialized by VeriSign Inc. and RSA Security Inc. to secure Internet transactions infringes on patents owned by a retired engineer, his lawyer told a court on Wednesday. Leon Stambler, 74, is seeking more than $20 million in damages in a trial that began in the federal district court in Wilmington, Delaware, after settling similar claims with other companies. VeriSign and RSA are defending their right to use Secure Sockets Layer (SSL) technology, which has become the authentication standard for the millions of Internet transactions that occur every day. Stambler, of Parkland, Florida, testified that he invented his patented technology in the early 1990s as a way to verify the identity of people involved in transactions. The retired electrical engineer developed the technology after his son was prevented from cashing a check at a bank with only one form of identification. He began filing patent applications in 1992 and was issued patents in 1998 or 1999, according to the court transcript. Full Story

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